Downside Prevails
Our Pivot: 107.08
Our Preference: Short sell below 106.76 with strict stop loss of 107.08 and target at 106.22 and 105.96.
Alternate Scenario: Upward penetration of 107.08 will call for 107.52.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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